Hong Kong's securities watchdog has for the first time confirmed Hanergy is under investigation - hours after the troubled solar panel maker's chairman dismissed any such probe as “purely rumour”.
McDonald's will stop releasing its monthly sales reports, meaning investors will lose a key gauge of incremental progress in the burger giant's ongoing turnaround effort.
NEW YORK - Health care giant Johnson & Johnson has formally accepted a $2 billion offer to sell its Cordis heart devices unit to Cardinal Health.
Applications for U.S. jobless benefits remained below 300,000 for the 12th straight week, signaling the labor market remains firm even as the economy has been slow to rebound from a first-quarter slump.
(Adds details on shipping deals offered by competitors, research results, background). By Nandita Bose. May 28 (Reuters) - Amazon.